Rep. Julie Johnson Sells The AES Co. (NYSE:AES) Stock

Posted by Defense World Staff on Mar 14th, 2025

Representative Julie Johnson (D-Texas) recently sold shares of The AES Co. (NYSE:AES). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in AES stock on February 12th. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 2/25/2025.
Purchased $1,001 – $15,000 in shares of Union Pacific (NYSE:UNP) on 2/25/2025.
Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/24/2025.
Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 2/24/2025.
Sold $1,001 – $15,000 in shares of The PNC Financial Services Group (NYSE:PNC) on 2/24/2025.
Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 2/24/2025.
Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/24/2025.
Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 2/24/2025.
Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 2/14/2025.
Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 2/14/2025.

AES Trading Up 3.9 %

NYSE:AES opened at $12.30 on Friday. The AES Co. has a 52 week low of $9.88 and a 52 week high of $22.21. The firm’s fifty day moving average is $11.27 and its 200-day moving average is $14.19. The firm has a market cap of $8.74 billion, a P/E ratio of 8.54, a P/E/G ratio of 0.82 and a beta of 0.94. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.80 and a current ratio of 0.85.

AES (NYSE:AES – Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The utilities provider reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.20. The firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.07 billion. AES had a return on equity of 27.30% and a net margin of 8.34%. During the same period last year, the business posted $0.73 EPS. Equities analysts expect that The AES Co. will post 1.93 earnings per share for the current year.

AES Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be issued a dividend of $0.176 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $0.70 annualized dividend and a yield of 5.72%. AES’s payout ratio is 29.54%.

Institutional Trading of AES

Several institutional investors and hedge funds have recently modified their holdings of AES. Millburn Ridgefield Corp purchased a new position in shares of AES in the 3rd quarter worth approximately $28,000. SRS Capital Advisors Inc. lifted its holdings in AES by 190.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 2,412 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 1,581 shares in the last quarter. Optiver Holding B.V. boosted its position in shares of AES by 79.5% in the fourth quarter. Optiver Holding B.V. now owns 2,711 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 1,201 shares during the period. WR Wealth Planners LLC grew its position in shares of AES by 93.3% during the 4th quarter. WR Wealth Planners LLC now owns 2,837 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 1,369 shares in the last quarter. Finally, McIlrath & Eck LLC increased its stake in AES by 760.4% in the 4th quarter. McIlrath & Eck LLC now owns 3,347 shares of the utilities provider’s stock worth $43,000 after acquiring an additional 2,958 shares during the last quarter. 93.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AES. Seaport Res Ptn cut AES from a “hold” rating to a “strong sell” rating in a report on Monday, March 3rd. Barclays cut their target price on shares of AES from $17.00 to $12.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Susquehanna decreased their price target on shares of AES from $16.00 to $15.00 and set a “positive” rating for the company in a research note on Wednesday, March 5th. Bank of America upgraded AES from an “underperform” rating to a “neutral” rating and raised their target price for the company from $11.00 to $13.00 in a research note on Tuesday, March 4th. Finally, Hsbc Global Res raised AES to a “strong-buy” rating in a research note on Friday, December 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $18.30.

Read Our Latest Report on AES

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About AES

(Get Free Report)

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.